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February 08, 2016 9:34 PM ET

Food Products

Company Overview of Lotte Co., Ltd.

Company Overview

Lotte Co., Ltd. produces and sells sweets, ice creams, and other products. It offers beverages, smoking goods, sundries, dairy products, frozen foods, chocolates, doughnuts, chewing gums, cookies, candies, biscuits, foodstuffs, heavy chemicals, and other gift sweets; owns and operates a baseball team, restaurants and coffee shops, golf courses, a hotel, an indoor theme park, and duty free shops; provides casualty and life insurance agency services, real estate related operations, tourism services, finance options, and magazine publishing services; and manufactures, maintains, services, and rents and leases equipment and fixtures. The company also trades sweets, agricultural and fishery produ...

20-1, Nishi-shinjuku 3-chome

Shinjuku-ku

Tokyo,  160-0023

Japan

Founded in 1948

Phone:

81 3 5388 5617

Fax:

81 3 3375 1293

Key Executives for Lotte Co., Ltd.

Chairman and Chief Executive Officer
Age: 92
President and Representative Director
Age: 71
Compensation as of Fiscal Year 2015.

Lotte Co., Ltd. Key Developments

Lotte Group Plans to Invest $0.5 Billion in Russian Projects

The Lotte Group plans to invest $0.5 billion in Russian projects within the next three years.

Lotte To Consider Listing Its Japanese Unit

Lotte Co., Ltd. will consider publicly listing a wholly owned Japanese confectionery maker, aiming to build a management structure free of the founding family's feuding. Shin Dong-bin, the Lotte Group Chairman and Lotte Holdings Vice Chairman, discussed the listing plans during an interview with The Nikkei.

CJ Considering Bid For MBK's Controlling Stake In Coway

CJ Corporation (KOSE:A001040) said it is considering a bid for MBK Partners' controlling stake in Coway Co., Ltd. (KOSE:A021240), a deal that is expected to be worth more than $2 billion. A CJ Group spokesman said the group is considering the purchase but he declined to comment on a report by the Korea Economic Daily that either food manufacturer CJ Cheiljedang Corporation (KOSE:A097950) or CJ O Shopping Co., Ltd. (KOSDAQ:A035760) would be the bidder. MBK is expected to receive initial expressions of interest from potential bidders on October 15, 2015, and CJ could one of only a few suitors. Lotte Co., Ltd. and GS Holdings Corp. (KOSE:A078930), are not interested this time around, representatives for Lotte and GS told Reuters. The Goldman Sachs Group, Inc. (NYSE:GS) is advising MBK on the sale. The CJ spokesman declined to comment on its advisor. An MBK spokesman declined comment. A Coway spokesman could not be reached for comment.

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